Target Ratios and Metrics

Market cap in millions BRL. Fiscal year is February - January.

Millions BRL. Fiscal year is Feb - Jan.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 18, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Market Cap	271,074	253,774	333,826	356,897	412,177	545,060
Market Cap Growth	-12.02%	-23.98%	-6.46%	-13.41%	-24.38%	13.05%
Enterprise Value	349,304	319,128	403,559	433,388	499,412	598,890
PE Ratio	13.97	12.97	15.57	16.27	28.18	15.44
Forward PE	14.14	13.87	15.26	15.93	20.50	16.80
PEG Ratio	-	20.06	2.39	1.65	-	0.79
PS Ratio	0.49	0.46	0.59	0.63	0.71	0.97
PB Ratio	3.20	2.95	4.28	5.00	6.91	8.00
P/TBV Ratio	17.04	2.97	4.34	5.01	6.97	8.36
P/FCF Ratio	18.25	16.85	14.04	17.61	-51.37	20.19
P/OCF Ratio	7.89	7.28	8.53	7.79	19.31	11.89
EV/Sales Ratio	0.63	0.57	0.71	0.76	0.86	1.06
EV/EBITDA Ratio	7.56	7.28	8.89	9.59	14.35	9.73
EV/EBIT Ratio	13.38	11.74	13.65	14.29	24.43	12.60
EV/FCF Ratio	23.52	21.19	16.97	21.38	-62.25	22.18
Debt / Equity Ratio	1.10	1.10	1.22	1.36	1.66	1.25
Debt / EBITDA Ratio	2.41	2.41	2.28	2.27	2.87	1.40
Debt / FCF Ratio	7.03	7.03	4.36	5.06	-12.43	3.19
Net Debt / Equity Ratio	0.89	0.89	1.01	1.16	1.47	0.80
Net Debt / EBITDA Ratio	1.75	1.75	1.73	1.82	2.53	0.89
Net Debt / FCF Ratio	5.09	5.09	3.30	4.07	-10.96	2.03
Asset Turnover	1.75	1.79	1.88	1.98	2.04	2.02
Inventory Turnover	5.55	6.03	6.21	6.13	6.01	6.11
Quick Ratio	0.26	0.26	0.23	0.20	0.11	0.27
Current Ratio	0.94	0.94	0.94	0.91	0.92	0.99
Return on Equity (ROE)	23.40%	24.03%	29.12%	33.55%	23.11%	50.95%
Return on Assets (ROA)	6.66%	6.78%	7.65%	8.20%	5.84%	13.28%
Return on Invested Capital (ROIC)	11.21%	11.57%	12.88%	13.70%	10.78%	27.86%
Return on Capital Employed (ROCE)	13.29%	13.60%	15.24%	16.33%	11.68%	28.32%
Earnings Yield	7.16%	7.71%	6.42%	6.14%	3.55%	6.48%
FCF Yield	5.48%	5.94%	7.12%	5.68%	-1.95%	4.95%
Dividend Yield	2.71%	4.29%	3.22%	3.00%	2.36%	1.46%
Payout Ratio	55.41%	55.41%	50.01%	48.60%	66.04%	22.29%
Buyback Yield / Dilution	0.99%	0.99%	1.76%	0.19%	3.64%	7.16%
Total Shareholder Return	3.70%	5.28%	4.98%	3.18%	6.00%	8.62%

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.